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RE: ETC/ETH Market Manipulation and Why Everyone Looses

in #ethereum • 8 years ago (edited)

Good info , you know your coins.
In my opinion it is very simple :
Every miner just wants the best bang for his bucks. If it is more profitable to mine ETC , miners will switch ( I think I am one of the rare idiots refusing to do so on moral grounds ) to that chain.

Traders will do what they always do : speculate , if they find opportunity to do so on the ETC chain - they will.

I have made a post similar to yours.

8 years ago in #ethereum by
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     8 years ago 

    I absolutely agree with you. My worry is that this activity distracts from building useful applications with or on top of ETH or ETC.

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